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The Economic Times
The Economic Times
Business
Kumar Gaurav

Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian markets

Anant Raj E2E Networks Stock Market Artificial Intelligence Semiconductor Black Box Hitachi Energy India NSE South Korea Taiwan Semiconductor Manufacturing Company

A sharp sell-off in global AI and semiconductor stocks sent South Korea’s KOSPI tanking more than 6% on Tuesday and dragged Asian equities to a more than two-month low, as intensifying competition in the AI sector weighed on investor sentiment.

The weakness spilt over into Indian stocks linked to artificial intelligence and energy infrastructure, with Hitachi Energy India, E2E Networks, Black Box, Orient Technologies and Anant Raj sinking by up to 5.5% during intraday deals.

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